3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for Arthur J. Gallagher & Company
Our trading algorithm values Arthur J. Gallagher & Company (AJG) to be undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | undervalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Buy |
| Current Price | $170.36 |
| 60 Day Prediction | $177.06 |
| 60 Day Pred - Lower Bound | $170.23 |
| 60 Day Pred - Upper Bound | $183.9 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.096 * nr_days_in_the_future + 174.181
Based on this information, our algorithm recommends the trading decision: Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
AJG traded at $170.36 this Saturday October 15th, loosing $-5.77 or -3.39 percent since last week.
Looking back, over the last month, AJG has been loosing $-8.81 or -5.17 percent.
Over the last year, it has been gaining.
Seasonality of Arthur J. Gallagher & Company
Using our AI model, we have been analyzing the value change for Arthur J. Gallagher & Company depending on the day or month of a year. This can be seen in the following graph:
